• CNH Industrial average return on tangible equity for 2023 was 89.36, a 2.51% decline from 2022.
• CNH Industrial average return on tangible equity for 2022 was 91.66, a 227.83% decline from 2021.
• CNH Industrial average return on tangible equity for 2021 was 27.96, a 117.76% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.